Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.041%

Price spread now: Aftermath Perps against Gate−0.255%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.255% cheaper against Gate than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate DRAM_USDT	62.200	0.0071	pay 0.0071% / 8h	7h 55m	$8.3M	$3.3M	75x
Short	Aftermath Perps DRAMUSD	62.041	0.0040	get 0.0005% / 1h	55m 15s	$1K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee Aftermath PerpsbpOrdersPrice spread, now −0.255%Rate

Funding earned: −$6.59
Price spread: −0.255% → 0.000%: −$25.51
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$56.09
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	2.42 bp	20.7 bp −$21	46.4 bp −$464	96.2 bp −$9,624	155.3 bp −$77.7K
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	62.210	+0.016%	$944	$3.1M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.140	−0.096%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.200	0.000%	$1.8M	$1.3M	10x	as long as short
edgeX DRAMUSDC	+0.0037%	4h	62.079	−0.195%	$150K	$295K	20x	as long as short
Aftermath Perps DRAMUSDshort	+0.0040%	1h	62.041	−0.255%	$1K	$36K	5x
Vest DRAM-USD-PERP	+0.0046%	1h	62.160	−0.064%	—	$601	10x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.140	−0.096%	$1.2M	$1.8M	10x	as long as short
Gate DRAM_USDTlong	+0.0071%	8h	62.200	long leg	$8.3M	$3.3M	75x
Pacifica DRAM	+0.0100%	1h	62.154	−0.074%	$76K	$40K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.140	−0.096%	$3.0M	$458K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni DRAMUSDT	+0.0100%	1h	62.130	−0.113%	$22K	$186K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.180	−0.032%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.138	−0.099%	$4K	—	10x	as long as short
SoDEX DRAM-USD	+0.0129%	1h	62.193	−0.011%	$2K	$15K	20x	as long as short
QFEX DRAM-USD	+0.0160%	1h	62.200	0.000%	$1.0M	$79K	10x	as long as short
Lighter DRAM	+0.0168%	1h	62.198	−0.003%	$972K	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0184%	1h	61.920	−0.450%	$535K	$95K	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0196%	8h	62.180	−0.032%	$5.4M	$4.6M	50x	as long as short
Bitget DRAMUSDT	+0.0211%	8h	62.210	+0.016%	$26.3M	$12.9M	20x	as long as short
Paradex DRAM-USD-PERP	+0.0219%	8h	62.203	+0.005%	—	—	5x	as long as short
Deribit DRAM_USDC-PERPETUAL	+0.0233%	1h	62.190	−0.016%	$13K	$3K	20x	as long as short
GRVT DRAM_USDT_Perp	+0.0244%	8h	62.108	−0.147%	$37K	$164K	10x	as long as short
Polymarket Perps DRAM-USD	+0.0288%	1h	62.125	−0.121%	$266K	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0321%	8h	62.163	−0.060%	$200K	$36K	20x	as long as short
Entropy io:DRAM	+0.0358%	1h	62.097	−0.166%	$254K	$495K	25x	as long as short
Variational Omni DRAM	+0.0410%	8h	62.157	−0.070%	$2.4M	$904K	—	as long as short
MEXC DRAM_USDT	+0.0453%	8h	62.210	+0.016%	$10.5M	$6.6M	100x	as long as short
Binance DRAMUSDT	+0.0454%	8h	62.220	+0.032%	$44.3M	$82.4M	50x	as long as short
Extended DRAM-USD	+0.0456%	1h	62.198	−0.003%	$75K	$767K	10x	as long as short
Bybit DRAMUSDT	+0.0597%	8h	62.288	+0.141%	$9.5M	$10.6M	100x	as long as short
Arcus DRAM-USD	+0.0606%	1h	62.070	−0.209%	$51K	$86K	10x	as long as short
tradeXYZ xyz:DRAM	+0.0731%	1h	62.139	−0.098%	$81.3M	$41.4M	20x	as long as short
BloFin DRAM-USDT	+0.0760%	8h	62.200	0.000%	$295K	$27K	20x	as long as short
RISEx DRAM/USDC	+0.1096%	1h	62.215	+0.024%	$454K	$478K	20x	as long as short